The Gate cryptocurrency exchange has officially announced the launch of spot trading services for US customers, made possible by improved regulatory conditions in the country.
Launch of Spot Trading
Founded in 2013 by Chinese scientist Lin Han, Gate has announced the launch of spot trading in the US, highlighting improved regulatory clarity as a key factor behind this decision. The exchange plans to offer crypto trading pairs, as well as fiat on- and off-ramp services and support for custodial wallets.
Crypto Market in the US
Spot trading volume on Gate reached $6.8 billion in the past 24 hours, indicating significant interest in the platform. According to Chainalysis, the US holds a leading position in the global crypto market, receiving over $750 billion in crypto assets between July 2023 and June 2024.
Return of Other Exchanges
Other crypto exchanges are also reentering the US market. For instance, OKX resumed its operations in April 2025 after a settlement with the US Department of Justice, while Binance.US is considering restarting services for customers. In 2025, 28% of American adults, or about 65 million people, owned cryptocurrency, with Bitcoin remaining the most popular option.
Thus, the launch of spot trading by Gate and the return of other crypto exchanges to American users signal a rekindled interest and improved regulatory conditions for the crypto industry in the US.